11 June 2009
The above is correct and if it not paid within the time limit then the company shall be liable to pay simple interest at the rate of one per cent for every month or part thereof on the amount of such tax for the period beginning on the date immediately after the last date on which such tax was payable and ending with the date on which the tax is actually paid.
11 June 2009
In my opinion the assessment year should be 2009-10 as in the case of self-assessment tax which is paid in next year but the year for which it is paid is mentioned.